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Saudi Arabia buys shares of European oil companies

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Saudi Arabia buys shares of European oil companies

The Sovereign Wealth Fund of Saudi Arabia has begun buying shares in European oil and gas companies.

Axar.az reports this information was released by the Wall Street Journal, citing its sources.

In recent weeks, Riyadh has bought shares in four European companies worth $ 1 billion. It was noted that Equinor was among the companies whose shares were purchased.

Date
2020.04.09 / 12:51
Author
Tural Azimzadeh
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